Entain publishes details of support for '200 sports champions and 100 football clubs'

Updated:2024-03-20 09:52    Views:127

Under-pressure industry giant Entain has released its social impact statistics, detailed in the latest Social Impact Report released today.

The report highlights the company's support for over 200 athletes in various sporting categories, including Olympic, Paralympic, Commonwealth and World Championships.

Additionally, Entain's funding efforts have contributed to grants for 100 non-league football clubs through its program, Pitching In.

Entain’s sustainability strategy, rooted in a double materiality assessment, is structured around four pillars: player protection, platform security, fostering a conducive work environment and positive community impact.

Virginia McDowell,Free games Non-Executive Director and Chair of Entain’s Sustainability and Compliance Committee, said: “I’m extremely proud of the long-term collaborations Entain has built with charities and academic institutions across the globe, supporting them to achieve our common goals and positively transform our local communities.

"We’ve made brilliant progress this year and look forward to continuing our leadership in this important area, guided by our latest sustainability strategy.”

This month, Entain has been under scrutiny from activist investors raising concerns about the company's financial decisions and leadership capabilities.

Pressure from investor circles has led to discussions regarding Entain's acquisitions, share valuation and overall performance.

The company has affirmed its commitment to constructively address shareholder concerns, citing a clear plan supported by the Board to drive sustainable growth, enhance margins, seize US market opportunities and ensure long-term shareholder value.

However, historical failings in Turkey recently led the organisation to a record industry fine of £585m.



 




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